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World Consumption Economics by Dongling Chen,Kenneth W. Clements Pdf
This book extends research in consumption economics by identifying similarities and differences in consumption patterns in a large number of countries, both developed and less developed. Its approach is to carefully analyze a large body of data from a highly diverse group of countries to determine the extent to which a simple economic framework can be used to understand and explain consumer behavior. It uses data from more than 40 countries which range from the most affluent to the poorest in the world. The book pays particular attention to the consumption of food and to new simulation techniques applied to systems of demand equations.
World on the Move by Paolo Mauro,Tomas Hellebrandt Pdf
The world is poised on the threshold of economic changes that will reduce the income gap between the rich and poor on a global scale while reshaping patterns of consumption. Rapid economic growth in emerging-market economies is projected to enable consumers worldwide to spend proportionately less on food and more on transportation, goods, and services, which will in turn strain the global infrastructure and accelerate climate change. The largest gains will be made in poorer parts of the world, chiefly sub-Saharan Africa and India, followed by China and the advanced economies. In this new study, Tomas Hellebrandt and Paulo Mauro detail how this important moment in world history will unfold and serve as a warning to policymakers to prepare for the profound effects on the world economy and the planet.
International Consumption Comparisons by E A Selvanathan,S Selvanathan Pdf
This book presents an analysis of consumption patterns in the OECD (rich) and LDC (poor) countries using recent data (1950–1998) and econometric methodology for a number of broadly aggregated consumer goods. The income elasticity estimates for the 46 countries and 9 commodity groups are tabulated. The reliability of these elasticity estimates, and also the demand theory hypotheses, are investigated using simulation techniques. Contents: An Overview of International Consumption Patterns (E A Selvanathan & S Selvanathan)Consumer Demand Models (E A Selvanathan & S Selvanathan)Data Analysis: OECD Countries (E A Selvanathan & S Selvanathan)Data Analysis: Less Developed Countries (E A Selvanathan & S Selvanathan)A Comparison of Consumption Patterns in the OECD and LD Countries (E A Selvanathan & S Selvanathan)Stochastic Price and Quantity Index Numbers (E A Selvanathan & S Selvanathan)Testing Demand Theory Hypotheses: OECD and LD Countries (E A Selvanathan & S Selvanathan)A Comparison of Alternative Demand Systems (E A Selvanathan & S Selvanathan)The Structure of Preferences: OECD and LD Countries (E A Selvanathan & S Selvanathan) Readership: Economists. Keywords:Consumer Demand;International Consumption Comparison;Stochastic Index Numbers;Testing Demand Theory Hypotheses
Consumption has become one of the leading topics across the social sciences and vocational disciplines such as marketing and business studies. In this comprehensively updated and revised new edition, traditional approaches as well as the most recent literature are fully addressed and incorporated, with wide reference to theoretical and empirical work. Fine's refreshing and authoritative text includes a critical examination of such themes as: * economics imperialism and globalization * the world of commodities * systems of provision and culture * the consumer society * public consumption. This book presents an updated analysis of the cluttered landscape of studies of consumption that will make it required reading for students from a wide range of backgrounds including political economy, history and social science courses generally.
The Economics of Consumption by Tullio Jappelli,Luigi Pistaferri Pdf
In The Economics of Consumption, Tullio Jappelli and Luigi Pistaferri provide a comprehensive examination of the most important developments in the field of consumption decisions and evaluate economic models against empirical evidence.
This book addresses the challenge posed by J.K. Galbraith over fifty years ago to make a constructive contribution to a different style of economic analysis - the economics of abundance. It identifies a system of abundance inhabited by the ?people of plenty? and illustrates that the driver of growth in this system is spending by affluent consumers. This timely book provides essential heterodox economic theory to explain this spending and explore its key drivers and constraints.
Demand, Complexity, and Long-Run Economic Evolution by Andreas Chai,Chad M. Baum Pdf
The purpose of this contributed volume is to consider how global consumption patterns will develop in the next few decades, and what the consequences of that development will be for the economy, policymakers, and society at large. In the long run, the extent to which economic growth translates into better living conditions strongly depends on how rising affluence and new technologies shape consumer preferences. The ongoing rise in household income in developing countries raises some important questions: Will consumption patterns always continue to expand in the same manner as we have witnessed in the previous two centuries? If not, how might things evolve differently? And what implications would such changes hold for not only our understanding of consumption behavior but also our pursuit of more sustainable societies?
The World of Goods by Mary Douglas,Baron Isherwood Pdf
It is well-understood that the consumption of goods plays an important, symbolic role in the way human beings communicate, create identity, and establish relationships. What is less well-known is that the pattern of their flow shapes society in fundamental ways. In this book the renowned anthropologist Mary Douglas and economist Baron Isherwood overturn arguments about consumption that rely on received economic and psychological explanations. They ask new questions about why people save, why they spend, what they buy, and why they sometimes-but not always-make fine distinctions about quality. Instead of regarding consumption as a private means of satisfying one’s preferences, they show how goods are a vital information system, used by human beings to fulfill their intentions towards one another. They also consider the implications of the social role of goods for a new vision for social policy, arguing that poverty is caused as much by the erosion of local communities and networks as it is by lack of possessions, and contrast small-scale with large-scale consumption in the household. A radical rethinking of consumerism, inequality and social capital, The World of Goods is a classic of economic anthropology whose insights remain compelling and urgent. This Routledge Classics edition includes a new foreword by Richard Wilk. "Forget that commodities are good for eating, clothing, and shelter; forget their usefulness and try instead the idea that commodities are good for thinking." – Mary Douglas and Baron Isherwood
Sustainable development cannot be achieved solely at the international level. Without the creation of more sustainable livelihoods, it will remain a utopian and elusive goal. Yet given the huge differences in economic development and levels of consumption between North and South, how might this be brought about? Taking the 1992 Rio Summit as its point of departure, Wasted examines what we now need to know, and what we need to do, to live within sustainable limits. One of the key issues is how we use the environment: converting natural resources into human artifices, commodities and services. In the process of consuming, we also create sinks. Today, these sinks - the empty back pocket in the global biogeographical system - are no longer empty. The fate of the global environment is indissolubly linked to our consumption: particularly in the energy-profligate North. To understand and overcome environmental challenges, we need to build the outcomes of our present consumption rates into our future behavior: to accept sustainable development as a normative goal for societies; one that is bound up with our everyday social practices and actions. In this absorbing new book, Michael Redclift argues that the way we understand and think about the environment conditions our responses, and our ability to meet the challenge, and discusses tangible policies for increased sustainability that are grounded in recent research and practice.
The World of Consumption by Ben Fine,Ellen Leopold Pdf
As an antidote to the inappropriate response of social theory to consumerism, the authors offer a new, more inclusive theoretical approach which, amongst other things, emphasises different forms of determination for different products.
Ethics of Consumption by David A. Crocker,Toby Linden Pdf
Contains 27 essays which discuss the impact of consumption on the global environment, quality of life and international justice. Examines consumption behaviour including both motives and practices.
What is Consumer Economy An economy that is driven by consumer spending as a percentage of its gross domestic product is referred to as a consumer economy. This is in contrast to the other major components of GDP, which are consumer spending only. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Consumer economy Chapter 2: Economy of Eritrea Chapter 3: Gross domestic product Chapter 4: Macroeconomics Chapter 5: Recession Chapter 6: Measures of national income and output Chapter 7: Fiscal multiplier Chapter 8: GDP deflator Chapter 9: Bureau of Economic Analysis Chapter 10: Aggregate demand Chapter 11: Real gross domestic product Chapter 12: Consumption (economics) Chapter 13: Consumer spending Chapter 14: BRIC Chapter 15: Net domestic product Chapter 16: Gross output Chapter 17: Gross value added Chapter 18: VISTA (economics) Chapter 19: Foreign trade of the United States Chapter 20: Middle income trap Chapter 21: Abenomics (II) Answering the public top questions about consumer economy. (III) Real world examples for the usage of consumer economy in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of consumer economy. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of consumer economy.
A Triple Bottom Line Analysis of Global Consumption by Joy Murray,Anne Owen,Moana Simas,Arunima Malik Pdf
This book adds a whole new dimension to the editors’ previous work on the social, economic, and environmental effects of global trade. For the first time it brings all three pillars of sustainability together into one coherent multiregional input–output (MRIO) framework. It shows the power of MRIO analysis to illuminate the local and global interdependencies of economic, environmental, and social systems and the benefits to be gained through analysing all three together. Change one thing and everything else changes. With chapters from around 60 researchers across 34 countries, this book illustrates the effect of natural resources and government policy settings 1990–2015 on the balancing act that was—and is—global trade. It provides a holistic systems’ view of how supply chains work, revealing how easily they can become fragmented and out of kilter. And within all the chaos of COVID-19 it shows how MRIO is the one tool that can help rebuild a post-pandemic global economy into a fairer, safer world.
The Consumer Society by Neva R. Goodwin,Frank Ackerman,David Kiron Pdf
The developed countries, particularly the United States, consume a disproportionate share of the world's resources, yet high and rising levels of consumption do not necessarily lead to greater satisfaction, security, or well-being, even for affluent consumers.The Consumer Society provides brief summaries of the most important and influential writings on the environmental, moral, and social implications of a consumer society and consumer lifestyles. Each section consists of ten to twelve summaries of critical writings in a specific area, with an introductory essay that outlines the state of knowledge in that area and indicates where further research is needed. Sections cover: Scope and Definition Consumption in the Affluent Society Family, Gender, and Socialization The History of Consumerism Foundations of Economic Theories of Consumption Critiques and Alternatives in Economic Theory Perpetuating Consumer Culture: Media, Advertising, and Wants Creation Consumption and the Environment Globalization and Consumer Culture Visions of an Alternative This book is the second volume in the Frontier Issues in Economic Thought series, which provides surveys of the most significant writings in emergent areas of economics -- an invaluable aid in fast-growing fields where genuine new ground is being broken. The series brings together economists, sociologists, psychologists, and philosophers to develop analyses that challenge and enrich the dominant neoclassical paradigm.The Consumer Society is an essential guide to and summary of the literature of consumption and will be of interest to anyone concerned with the deeper economic, social, and ethical implications of consumerism.